Law · Law of Agency
Match LIST-I with LIST-II regarding the liability and enforcement in different agency and principal scenarios: LIST-I (Agency Scenario) A. Pretended Agent B. Disclosed Principal C. Partially Disclosed Principal D. Undisclosed Principal LIST-II (Liability and Enforcement) I. The third party is unaware of their existence; the agent is liable, but the third party can later enforce the contract against them. II. Falsely creates the appearance of an agency relationship without actual authorization, rendering resulting transactions voidable. III. The third party knows they are dealing with an agent but does not know this party's identity, resulting in shared liability. IV. The third party is fully aware of their identity, and contractual obligations are directly with this party. Choose the correct answer from the options given below:
- 1A-III, B-II, C-IV, D-I
- 2A-IV, B-I, C-II, D-III
- 3A-II, B-III, C-I, D-IV
- 4A-II, B-IV, C-III, D-I✓
Correct answer
A-II, B-IV, C-III, D-I
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